Deepak Parekh steps down as HDFC Life's Chairman and Non-Executive Director
Mumbai: Veteran banker Deepak Parekh has resigned from his positions as Chairman and Non-Executive Director of HDFC Life Insurance, the company said in an exchange filing on Thursday.
HDFC Bank raises $ 300 million through maiden Sustainable Finance Bond Issue
HDFC Bank Limited has announced that it has raised $ 300 million through its first-ever sustainable finance bond issue.
HDFC Mutual Fund opens 24 new branches to bolster Mutual Fund penetration
Mumbai: HDFC Mutual Fund has opened 24 new branches across India as a strategic expansion initiative aimed at increasing penetration of mutual funds in India, a press release said on Thursday.
HDFC Life Insurance Q2FY24 net profit grows 15% YoY to Rs 376 cr
Mumbai: HDFC Life Insurance, a private sector insurance company, Friday announced a net profit of Rs 376 crore in the September quarter of the financial year 2023-24.
HDFC Bank making changes to top management after mega merger
Mumbai: HDFC Bank is revamping its top management to bolster its mortgage business following its acquisition of another lender three months ago, Bloomberg reported.
RBI approves reappointment of Sashidhar Jagdishan as HDFC Bank MD & CEO for next three years
New Delhi: The Reserve Bank of India (RBI) has granted approval for the re-appointment of Sashidhar Jagdishan as the Managing Director and Chief Executive Officer of HDFC Bank, the bank informed the exchanges in a communication on September 19.
CCI approves HDFC's acquisition of more shares in insurance companies
New Delhi: The Competition Commission of India (CCI) Tuesday said it has approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd of certain additional shareholding of HDFC ERGO General Insurance Company Ltd and HDFC Life Insurance Company Ltd.
HDFC RuPay Credit Cards can now be Linked to UPI
UPI payments are a widely popular and reliable payment option due to hassle-free, quick, and convenient transactions. Until now, these payments were linked to your savings or current account, thus you could spend conveniently as much as the availability of funds in your bank account. Now, however, you can link your credit card with UPI and make convenient payments via credit cards. HDFC Bank is one of the first leading credit card issuers to allow the linking of RuPay credit cards to UPI apps of your choice, like GooglePay, PhonePe, Paytm, and BHIM UPI. Using this feature, you can avail of credit card rewards, discounts, and offers on your regular UPI payments.
NCLT approves merger of HDFC and HDFC Bank
The National Company Law Tribunal (NCLT) gave its approval for the merger of HDFC and HDFC Bank, which is considered to be the largest merger in corporate history.
HDFC Mutual Fund launches HDFC MNC Fund
New Delhi: HDFC Asset Management Company Limited (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC MNC Fund, which will invest predominantly in MNCs (Multi-National Companies) across sectors and market cap segment.
Best Banks For Savings Accounts Services In India
In this article, let us look at the top 10 banks in India. A suitable savings account can help you save more money in the long run and invest them in the right avenues to grow your wealth in the future. Here are the top 10 banks in India ranked in order of the efficiency of their savings accounts:
Central banks across the world have a tough role ahead: Deepak Parekh
Kolkata/IBNS: Global growth which was 6.1 percent last year is estimated to fall by half to 3.2 percent in 2022, said HDFC Chairman Deepak Parekh.
HDFC Mutual Fund announces HDFC Nifty IT ETF & HDFC Nifty Private Bank ETF
New Delhi: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund house, has announced the launch of two funds – HDFC Nifty IT ETF and HDFC Nifty Private Bank ETF, in order to expand their suite of “HDFC MF Index Solutions”, which HDFC Mutual Fund has been managing for the past 20 years.
Mumbai: HDFC Asset Management Company Ltd, a leading mutual fund house that manages assets worth Rs 4.34 trillion as on 30 Aug 2022, has announced the launch of NIFTY100 Quality 30 ETF, NIFTY50 Value 20 ETF, and NIFTY Growth Sectors 15 ETF, in order to expand their suite of ‘HDFC MF Index Solutions’.
Arvind SmartSpaces inks agreement with HDFC CapitalAdvisors
Ahmedabad: Leading real estate developer Arvind Smart Spaces Ltd (BSE: 539301 NSE: ARVSMART,ISIN: INE034S01021, ASL), part of the Lalbhai Group, said it has signed an agreement with HDFC Capital Affordable Real Estate Fund – 3 (HCARE – 3) for the creation of residential development platform with a revenue potential of upto Rs 5000 crore, the company said Wednesday.